Sec. 161.174. USE OF FUND TO PAY PRINCIPAL AND INTEREST. The principal of and interest on bonds issued by the board shall be paid from money in the fund as provided by the constitutional provision authorizing the bonds.
Acts 1977, 65th Leg., p. 2662, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1993, 73rd Leg., ch. 242, Sec. 1.19, eff. Aug. 30, 1993.
Structure Texas Statutes
Chapter 161 - Veterans Land Board
Subchapter E. Veterans' Land Fund
Section 161.171. Money and Land Included in Fund
Section 161.173. Investment of Money in Fund
Section 161.1731. Custody and Investment of Assets Pending Transactions
Section 161.1732. Lending Securities
Section 161.174. Use of Fund to Pay Principal and Interest
Section 161.175. Use of Fund to Pay Expenses Related to the Land
Section 161.176. Use of Fund to Pay Bond Expenses
Section 161.177. Purchase and Destruction of Bonds
Section 161.178. Disposal of Excess Funds